Ronnie Carney
The Big One
Just curious as to whether investors buying multiple units in Memphis ever worry about earthquakes? I always hear that we are long overdue for another big one. (think 1865).How do you protect yourself if an earthquak...
Tony S.
Help With 18-Unit Deal
Hi Guys,I'm in talks with a seller to purchase an 18-unit high quality apartment complex. The only issue stopping the deal is that the seller does not want to pay the tax obligation on their long-term capital gains. ...
Shefali Srivastava
New investor Introduction- Let's connect
Hello all, I am a new investor. I have been reading about RE investing since March this year and every time I read I learn something new. It's been 6 months since I have been learning and I'm too ready to take action....
Allende Hernandez
Some questions about a potential deal
Hi guys,I've been working on a deal off my mailing campaign for about 4 months now. I believe I'm getting close to get the contract, so I need to lay the ground and plan my actions once it happens.This is a pre-forecl...
Dave Madoch
Tenant says sold in rental
Hello AllMy tenant just contacted me to let me know his son became ill, went to the doctor and the doctor told him the symptoms we related to mold. He was tested and showed mold in his system. I am having the house te...
James Smyth
Making an offer on a BRRRR
I'm looking to buy a BRRRR property using owner financing and renting it out after the first year.I ran the financials on the deal and think I can make it work if I get the right purchase price.The property is a singl...
Bruce Chang
Am I being scammed by the mold investigator?
I recently had a mold investigator take air samples from some bedrooms a tenant was complaining about. The results showed that there was an elevated presence of allergenic molds. No black molds. The levels that were...
David V.
Deducting passive RE losses from nonbusines income (salary)
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Robert Hastings
Selling and Buying primary house, possible to close at same time?
i am about 4 months away from our listing our house. over the next couple of months, after the holiday, we will spend time and money into our primary to position ourselves as best as we can be with regards to the hig...
Jannelle Nevels
Purchasing HUD Properties
I am in the process of purchasing a hud property. Just got the ratified contact today. I am also an investor and am trying to learn as much as possible with this experience. I would love any suggestions on books to ed...